LakeBTC' price is higher $20 than Bitstamp!! what happened? - page 2.

Bejkn

full member

Activity: 219

Merit: 100

Quote from: 1Referee on November 13, 2014, 05:27:57 AM

Different exchanges means different traders. Different traders means different prices.

Probably caused by some one who got a bit too much excited and wanted to buy in quickly.

LakeBTC also has lower volume, which means it doesn't take that much for large traders to get the price up significantly.

correct, but there are also man who keen to arb

GreenCoin22

hero member

Activity: 547

Merit: 500

Nothing is it now, the price is fall back below $400/
A game, a dream

cozytrade

sr. member

Activity: 1097

Merit: 310

Seabet.io | Crypto-Casino

I used to use bitcoinchart but the problem was they don't use native API of exchanges thus there are time delay and misinterpretation sometimes. They accept the proprietary format , which would be different from the native ones. You'd better refer to the native API rather than aggregator like bitcoinchart, especially when it comes to talking about real time price discrepancy like this. Of course it is OK to catch up general trend, but not for real time market analysis. Apart from the topic of this thread, we need to be careful about their choice of exchanges listed.

Quote from: GreenCoin22 on November 14, 2014, 05:11:47 AM

Quote from: cozytrade on November 13, 2014, 04:07:39 PM

First of all, bitcoinchart is not reliable, unfortunatelly Embarrassed

Why do you say that? the data is updated according to the api of Exchanges

TinaK

hero member

Activity: 1106

Merit: 527

Quote from: hardshot on November 14, 2014, 06:04:19 AM

From which site is that screenshot?

its very clear, bitcoincharts

hardshot

sr. member

Activity: 457

Merit: 251

From which site is that screenshot?

GreenCoin22

hero member

Activity: 547

Merit: 500

Quote from: cozytrade on November 13, 2014, 04:07:39 PM

First of all, bitcoinchart is not reliable, unfortunatelly Embarrassed

Why do you say that? the data is updated according to the api of Exchanges

TinaK

hero member

Activity: 1106

Merit: 527

Quote from: desticy on November 13, 2014, 04:56:32 AM

Unfortunately I did not catch this moment, but I think this is something blink of an eye.
Now the price tends to be the same, I guess it would stop $410.

Great TA! I agreen that's just a Reaper's Gala Dinner absurdly. Sad

cozytrade

sr. member

Activity: 1097

Merit: 310

Seabet.io | Crypto-Casino

Quote from: cozytrade on November 13, 2014, 04:07:39 PM

First of all, bitcoinchart is not reliable, unfortunatelly Embarrassed

Also why do you only see the latest trading price rather than bid -ask Huh

cozytrade

sr. member

Activity: 1097

Merit: 310

Seabet.io | Crypto-Casino

First of all, bitcoinchart is not reliable, unfortunatelly Embarrassed

1Referee

legendary

Activity: 2170

Merit: 1427

Different exchanges means different traders. Different traders means different prices.

Probably caused by some one who got a bit too much excited and wanted to buy in quickly.

LakeBTC also has lower volume, which means it doesn't take that much for large traders to get the price up significantly.

desticy

sr. member

Activity: 1512

Merit: 292

www.cd3d.app

Unfortunately I did not catch this moment, but I think this is something blink of an eye.
Now the price tends to be the same, I guess it would stop $410.

Gine.Unnta

newbie

Activity: 15

Merit: 0

I wanted to make sure it is November in 2014 instead of 2013.

what should we do for such a big meney Roll Eyes

https://i.imgur.com/DMnH9S5.png

Topic: LakeBTC' price is higher $20 than Bitstamp!! what happened? - page 2. (Read 5086 times)